The CSRC will prohibit mainland investors from opening Shanghai Shenzhen Stock connect accounts overseas to buy a shares
The CSRC will prohibit overseas mainland investors from participating in the stock interconnection mechanism, including not opening the Shanghai Shenzhen Hong Kong stock connect account and not trading a shares through such accounts. Under the new regulations, such long-standing investors and accounts will eventually be completely dismissed. The new regulations will be implemented from July 25, 2022, and a one-year transition period will be set to make different retirement arrangements for different groups of mainland investors.
This text is a result of machine translation.
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